What term describes the rate at which an organization gains and loses employees?

Enhance your knowledge for the DECA Restaurant and Food Service Management Test. Utilize flashcards and multiple choice questions with explanations to excel in your exam!

The term that describes the rate at which an organization gains and loses employees is staff turnover. This concept refers specifically to the movement of individuals into and out of a company, which can include resignations, terminations, retirements, and new hires. Understanding staff turnover is crucial because it impacts an organization's overall performance, staffing costs, and workplace morale. A high turnover rate can signal underlying issues such as low employee satisfaction or ineffective management practices, while a lower turnover rate often indicates a more stable and satisfied workforce.

In contrast, employee satisfaction refers to how pleased employees are with their jobs, while employee retention focuses on the ability of an organization to keep its employees. Workforce stability closely relates to turnover but emphasizes the consistency and reliability of the workforce rather than the movement of employees. Thus, while all the terms relate to employee management, staff turnover specifically captures the dynamics of employee gain and loss.

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